Net Interest Income (Tables)

12 Months Ended

Dec. 31, 2024

Banking and Thrift, Interest [Abstract]

Components of Interest Revenue and Interest Expense

The following table presents the components of interest income and interest expense, and related NII, for the periods indicated:

	Years Ended December 31,
(In millions)	2024		2023		2022
Interest income:
Interest-bearing deposits with banks	$	3,634	$	2,869	$	842
Investment securities:
Investment securities available-for-sale	2,680		1,744		724
Investment securities held-to-maturity	1,090		1,262		979
Total investment securities	3,770		3,006		1,703
Securities purchased under resale agreements	686		312		188
Loans	2,271		1,862		972
Other interest-earning assets	1,616		1,131		383
Total interest income	11,977		9,180		4,088
Interest expense:
Interest-bearing deposits	6,627		4,991		967
Securities sold under repurchase agreements	156		34		14
Federal funds purchased	—		3		—
Short-term borrowings	577		40		26
Long-term debt	1,086		888		376
Other interest-bearing liabilities	608		465		161
Total interest expense	9,054		6,421		1,544
Net interest income	$	2,923	$	2,759	$	2,544